XML 99 R82.htm IDEA: XBRL DOCUMENT v3.23.2
Reinsurance - Summary of the composition of pool of assets (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Jan. 01, 2021
Effects of Reinsurance [Line Items]        
Bonds available for sale [1] $ 222,530   $ 226,156  
Fixed maturity securities - fair value option [1] 4,941   4,485  
Loans 52,411   50,321  
Investment real estate 2,218   2,153  
Short-term investments [1] 10,955   12,376  
Derivative assets net, carrying value 410   514  
Derivative assets, net, fair value 5,216   6,049  
Other assets 12,832 [1]   12,384 [1] $ 13,520
Total assets 537,138   522,228 $ 598,841
Carrying Value        
Effects of Reinsurance [Line Items]        
Short-term investments 6,677   6,668  
Other assets 37   33  
Hedge Funds and Private Equity Funds        
Effects of Reinsurance [Line Items]        
Fair Value Using NAV Per Share (or its equivalent) 11,792   11,809  
Commercial mortgage loans        
Effects of Reinsurance [Line Items]        
Loans 37,926   37,128  
Policy loans        
Effects of Reinsurance [Line Items]        
Loans 1,762   1,758  
Fortitude Holdings        
Effects of Reinsurance [Line Items]        
Change in net unrealized gains (losses), gross 376 $ (6,100)    
Change in net unrealized gains (losses), net of tax 297 $ (4,800)    
Derivative asset, Fair value of collateral 191   192  
Derivative liability, Fair value of collateral 25   28  
Fortitude Holdings | Carrying Value        
Effects of Reinsurance [Line Items]        
Bonds available for sale 17,595   18,821  
Fixed maturity securities - fair value option 4,558   4,182  
Investment real estate 126   133  
Short-term investments 255   75  
Funds withheld investment assets 29,011   29,566  
Derivative assets net, carrying value 58   90  
Other assets 611   782  
Total assets 29,680   30,438  
Fortitude Holdings | Estimated Fair Value        
Effects of Reinsurance [Line Items]        
Bonds available for sale 17,595   18,821  
Fixed maturity securities - fair value option 4,558   4,182  
Investment real estate 302   348  
Short-term investments 255   75  
Funds withheld investment assets 28,919   29,511  
Derivative assets, net, fair value 58   90  
Other assets 611   782  
Total(d) 29,588   30,383  
Fortitude Holdings | Hedge Funds and Private Equity Funds | Carrying Value        
Effects of Reinsurance [Line Items]        
Fair Value Using NAV Per Share (or its equivalent) 1,940   1,893  
Fortitude Holdings | Hedge Funds and Private Equity Funds | Estimated Fair Value        
Effects of Reinsurance [Line Items]        
Fair Value Using NAV Per Share (or its equivalent) 1,940   1,893  
Fortitude Holdings | Commercial mortgage loans | Carrying Value        
Effects of Reinsurance [Line Items]        
Loans 4,196   4,107  
Fortitude Holdings | Commercial mortgage loans | Estimated Fair Value        
Effects of Reinsurance [Line Items]        
Loans, fair value 3,928   3,837  
Fortitude Holdings | Policy loans | Carrying Value        
Effects of Reinsurance [Line Items]        
Loans 341   355  
Fortitude Holdings | Policy loans | Estimated Fair Value        
Effects of Reinsurance [Line Items]        
Loans, fair value $ 341   $ 355  
[1] See Note 10 for details of balances associated with variable interest entities.